Arlo Leads the Way in Another Strong Showing From Netgear
Netgear (NASDAQ: NTGR) announced third-quarter 2017 results on Wednesday after the market closed, highlighting modest overall growth driven once again by its burgeoning Arlo wireless security camera segment. And according to Netgear management, Arlo is only just getting started.
But Netgear's business is about more than just its Arlo line. So in the meantime, let's zoom out a bit to better understand what drove Netgear's results over the past few months and what shareholders should anticipate for the rest of the year.
IMAGE SOURCE: NETGEAR.
Source: Fool.com
Netgear Inc. Stock
The community is currently still undecided about Netgear Inc. with 2 Buy predictions and 0 Sell predictions.
As a result the target price of 22 € shows a very positive potential of 52.78% compared to the current price of 14.4 € for Netgear Inc..